Trading is cautious in advance of the vote in Slovakia to extend the eurozone’s rescue fund

2149 News that Slovakian lawmakers had rejected the expansion of the eurozone’s bailout fund on Tuesday came just after stock markets in New York closed. After 10 hours of debate in parliament, the measure failed to pass by 21 votes and Slovakia now remains the only country in the 17-member eurozone that has not approved expanding the bailout fund, which requires unanimous support to go into effect. Stocks drifted within a fairly tight range in trading in New York during the day as investors awaited the outcome of the vote. The Dow Jones Industrial Average closed down 16.88 points, or 0.02 per cent, at 11,416.30, reversing Monday’s spectacular 330-point gain. The broader S&P 500 Index squeaked a small gain of 0.65 point, or 0.05 per…